SCHEDULES

SCHEDULE 3Minor and consequential amendments

Pensions Act 2004 (c. 35)

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1

Section 90 (codes of practice) is amended as follows.

2

In subsection (2) (matters on which the Pensions Regulator must issue codes of practice), after paragraph (j) insert—

ja

the process for making an application for authorisation of a Master Trust scheme under Part 1 of the Pension Schemes Act 2017;

jb

the matters that the Pensions Regulator expects to take into account in deciding whether it is satisfied that a Master Trust scheme meets the authorisation criteria under that Part (see section 5 of the Pension Schemes Act 2017);

3

In subsection (6), in the definition of “the pensions legislation”—

a

omit the “or” at the end of paragraph (e), and

b

after paragraph (f) insert

, or

g

the Pension Schemes Act 2017.